Tag: gains
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NY Times: No Constitutionality, No Problem! Illegal Tax Merely ‘Stakes Out New Territory’
New York Times congressional reporter Jonathan Weisman offered some strong “soak the rich” energy in his optimistic analysis of the Democratic Party’s latest money-raising proposal, “How Democrats Would Tax Billionaires to Pay for Their Agenda — The plan stakes out new territory by putting levies on unrealized gains in the value of billionaires’ liquid assets,…
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Jeff Bezos is now richer than even before
By Berber Jin along with Jack WitzigJeff Bezos’s net value has crushed through its prior peak, even after he relinquished a quarter of his own bet in Amazon.com Inc. as a part of a divorce settlement last year.Shares of the Seattle-based retailer jumped 4.4percent to a record $2,878.70 Wednesday, fostering the creator ’s world-leading fortune…
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US economy misses forecasts, adds just 145,000 jobs in December
Reuters/Rebecca Cook The labour market cooled at the end of 2019 but stayed creating jobs to get a listing. That brought the total earnings for the year to 2.1 million, also based on what could be anticipated from the decade-long expansion. Every month wage growth continued to outpace inflation but fell short of their growth…